Switzerland’s First Licensed Crypto Bank is Eyeing Singapore Next
After sealing a license in Switzerland, crypto firm Sygnum is pursuing the same in Singapore Go to Source Powered by WPeMatico
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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open … Read more
Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra
Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports Go to Source Powered by WPeMatico
The Rise of Crypto Banks Begins in Switzerland
Switzerland aims to position itself as a European leader in the cryptocurrency world. This becomes apparent when looking at the adoption of crypto assets. Additionally, several banking licenses have been issued to what is referred to as “crypto banks” This is a clear sign the future of cryptocurrency looks somewhat promising. although no one should … Read more
Swiss Crypto Banks Receive Licenses From Financial Regulator
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority Go to Source Powered by WPeMatico
Swiss Regulator Releases AML, KYC Guidance for Blockchain Payments
Switzerland’s financial regulator has released guidance on regulatory requirements for payments on the blockchain Go to Source Powered by WPeMatico
After Switzerland Visit, Crypto Concerns Remain for US Regulators
Following meetings about Libra with Swiss regulators, U.S. lawmakers still harbor concerns over Facebook’s proposed stablecoin Go to Source Powered by WPeMatico
Swiss Private Bank Says 400 New Clients Demanding Crypto Products
Swiss private bank Maerki Baumann is inundated with new clients interested in its crypto plans Go to Source Powered by WPeMatico
US Lawmakers to Visit Switzerland to Discuss Crypto, Facebook’s Libra
A delegation from the U.S. House of Representatives will meet with Swiss regulators to exchange views about digital currencies and Libra in particular Go to Source Powered by WPeMatico
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this could lead to withdrawal of large amounts … Read more
